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$691,886

NAL Estimated Property Value

971 Gladewater Dr, Prosper, TX, 75078

SoldInfo
7/31/26
Beds3 Beds
Baths3 Bath
Baths2,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.52 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Range

Exterior

Lot Size7,841 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-11830-00T-0130-1
Lot Number13
SubdivisionStar Trail Phase Three (Cpr)
Land UseResidential
Legal DescriptionSTAR TRAIL PHASE THREE (CPR), BLK T, LOT 13
Census Tract030304
Assessed Land Value$190,000
Assessed Improvement Value$501,886
Assessment Year2025

About this property

Welcome to 971 Gladwater Drive in the highly sought-after Star Trail community in Prosper! This beautifully designed home offers the perfect blend of luxury, comfort, and convenience, all just minutes from the elementary school, parks, community pool, and incredible neighborhood amenities. Inside, you’ll find gorgeous light wood-toned flooring, a stunning gourmet kitchen featuring ceiling-height cabinetry, quartz countertops, and an ideal layout for entertaining and everyday living. The private office with custom built-ins creates the perfect work-from-home space. The oversized primary suite is a true retreat with a spacious en suite bath and individual closets for added convenience. Refrigerator, washer, and dryer all stay with the home, making move-in easy. Step outside to enjoy the great backyard space, perfect for relaxing, playing, or entertaining. This is an exceptional opportunity to lease a stylish, move-in-ready home in one of Prosper’s premier master-planned communities.

Investor Tools

Property Icon
$691,886
Estimated Property Value
$0Estimated Mortgage Balance
$691,886Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,151 /month
Positive
Cash Flow Estimate:
$1,384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,841
$691,886
2025
$190,000
$501,886
$691,886
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,841
$691,886

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$691,886
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
N/A
+$2,650/mo
4.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Prosper

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971 Gladewater Dr | Property Details | No Agent List